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Minister Petrescu in Paris: Romania’s joining OECD will send a message of confidence to foreign investors

April 19, 2017

Acquiring membership of the Organization for Economic Cooperation and Development (OECD) will act as an acknowledgment of economic and social progress and will send foreign investors to Romania a message of confidence, argued Alexandru Petrescu, Minister for Business, Trade and Entrepreneurship in the opening of the OECD conference taking place in Paris between April 18 […]

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Fourth edition of Romanian Creative Week takes place in Iași

The fourth edition of the Romanian Creative Week (RCW), will take place in Iași, eastern Romania, between May 15-26.  The event brings together over 1,000 Romanian and foreign artists, 200 events, 350 volunteers, dozens of exhibitions, film festivals, theater and dance performances, three days of fashion shows, as well as visual arts exhibitions, concerts, conferences, […]

Kenyan Alex Nzioka Matata wins the Bucharest Half Marathon

Kenyan Alex Nzioka Matata won the Bucharest Half Marathon held last Sunday, May 12, with a time of one hour, one minute, and four seconds. Second place was taken by another Kenyan, Chebor Elvis Tabarach, with a time of one hour, four minutes, and three seconds, while third place went to another Kenyan athlete, Kibet […]

Systematic’s Romanian IT specialists contribute to Command and Control software development for NATO

Systematic, a leading Danish provider of software solutions for digitalization that also has a development center in Bucharest with more than 150 skilled IT specialists, has been selected by NATO to provide Command and Control software. SitaWare Headquarters, the software chosen by the international organization, is also developed in Romania by the local team. Signing […]

Romania plans construction of first National Proton Therapy Center in SE Europe in Bucharest

Romania’s health minister, Alexandru Rafila, announced the initiation of a market study for the construction of the first National Proton Therapy Center in Southeast Europe at the Bucharest Oncology Institute. The project is valued at EUR 70 million. Proton therapy involves using protons to deliver a dose of radiation that kills tumor cells. "Proton therapy will […]

Survey: Increase in private equity transactions expected in Romania in 2024

The investment funds active in Romania are more optimistic about the evolution of the local market in 2024 compared to the previous year, according to Roland Berger’s Private Equity Outlook 2024. More than 70% of the respondents in the survey anticipate an increase in the number of transactions made by investment funds in Romania, after 2023 […]

White Image: Requests for bank loans, a success rate of 4%, on 123credit.ro, in the first quarter of 2024

The success rate of requests for bank loans registered on the 123credit.ro platform was approximately 4%, in the first quarter of the year, according to 123credit.ro, the main online credit platform in Romania. White Image together with 123credit.ro contributed to the efficiency of the process of obtaining a bank loan by automating the communications of […]